Topic: I quit trading - page 35. (Read 242498 times)
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It is not that easy. Even if you read the trend you might guess 5 movements and the 6th one will go bad and take 100+% of the previous 5 ones. It is just a matter of time. Perhaps it will happen now or in 5 years. So nothing is gained on the long term...
Even the pros will make you understand that it is not always a win win situation. Good knowledge can make you minimize loss, but ability to see the future will only make you to always win which we both know it is not possible to see the future. Like you said, if you have 6 trades, you might win in 5 but you do not have to lose the 6th one badly if you know when to stop and cancel the trade.I agree on this matter, pros sometime fail due to trading isn't good for the coins that's been holding for several months and it took up a year upon achieving good pumps. But other investors were courageous to face the very big challenge and won't ever quit and always controls their emotions.
It is not that easy. Even if you read the trend you might guess 5 movements and the 6th one will go bad and take 100+% of the previous 5 ones. It is just a matter of time. Perhaps it will happen now or in 5 years. So nothing is gained on the long term...
Even the pros will make you understand that it is not always a win win situation. Good knowledge can make you minimize loss, but ability to see the future will only make you to always win which we both know it is not possible to see the future. Like you said, if you have 6 trades, you might win in 5 but you do not have to lose the 6th one badly if you know when to stop and cancel the trade.
Especially this days with high volatile you need to have great patience and discipline trading
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
Did last posters checked topic start date? It was 2 years ago. Who knows what happened to that 40 btc..
But honestly, how can someone advise what to do with money not knowing actual needs, life position and status.. The only thing that comes in mind looking on how btc grew for this past 2 years - to hold, hold, and to enjoy watching price goes up.
I don't think any one really pays attention to it at all. But you are right that you cannot say what is right because it depends hugely person to person. I would advise anyone to hold their bitcoin but frankly if I had 40btc I would likely cash out a large amount to secure my future in some way.
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
Did last posters checked topic start date? It was 2 years ago. Who knows what happened to that 40 btc..
But honestly, how can someone advise what to do with money not knowing actual needs, life position and status.. The only thing that comes in mind looking on how btc grew for this past 2 years - to hold, hold, and to enjoy watching price goes up.
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
You can always step it up to the real numbers. Take that scenario, multiply it by 100 and come play in the big boy yard. 7 BTC, I was just saying that each and every floor trader we have starts the day with that as trading power, and ends the day with nearly twice as much on an average day.
You are one damn lucky guy , having 40bitcoins is too much. I am sorry that you lost some of your initial investment though.
I suggest you cashout 70% of your bitcoins then use the remaining 30% to trade.don't give up this time.
I suggest you cashout 70% of your bitcoins then use the remaining 30% to trade.don't give up this time.
This is not a good idea, giving up means you lose. there is still plenty of time to learn.
you must have a teacher or mentor to let you understand the safe trading style.
You need to be very much brave and you need to be having a big heart if you are into this world of trading. It is not a bad decision actually if you are planning for quitting the trade. In fact, I will support you in this aspect especially when you are not doing much well with the trading. You need to take a break so that you can start again with more zeal and zest.you must have a teacher or mentor to let you understand the safe trading style.
So it is either they find out those attributes and work on them or they just look for something else to do. However, for those who did not even make an attempt to learn, then it is better they find best means possible to retrace their steps rather than quitting cause of their own mistakes.
Agreed. It can't workout for everyone, the profit one trader makes is money out of another traders pocket.
This is not a good idea, giving up means you lose. there is still plenty of time to learn.
you must have a teacher or mentor to let you understand the safe trading style.
You need to be very much brave and you need to be having a big heart if you are into this world of trading. It is not a bad decision actually if you are planning for quitting the trade. In fact, I will support you in this aspect especially when you are not doing much well with the trading. You need to take a break so that you can start again with more zeal and zest.you must have a teacher or mentor to let you understand the safe trading style.
So it is either they find out those attributes and work on them or they just look for something else to do. However, for those who did not even make an attempt to learn, then it is better they find best means possible to retrace their steps rather than quitting cause of their own mistakes.
So how do you feel now is a good time for trading? Or a good time has already passed. And in general, how to start trading? Where should I start?
If you really want to get into trading, I will personally suggest trying trading with small amount of the respective coin you are holding. Trading is the popular method of making money in the crypto world but for that you need a lot of practice and courage. Without these two things you are going to face failures countless times in crypto market. Trading needs a lot of home work and skills. Good luck! I have done great economic damage these days. Trading does not make much profit anymore and is very risky. So I just want to do mining.
I think trading can still be profitable for as long as you have the skills and you know what you are doing and I think its normal to have some loses in trading even those professional traders also experience loss from time to time.
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
If my suggestion is better this trading result is used as business capital just for example to set up boutique or place to eat like restaurant.so that from the business you still earn money every month from your money in tube in bank which does not mean anything in life you later. I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
Trading can be frustrating at times.
But quitting trading doesn't mean you have to quit holding some
Hahahaha you are so fantastic. It is really a matter of fact that when you are frustrated then you may be taking some decisions that will not be in your advantage. So better is to give up at that condition, give up to emotions only. And like you said, if you finally decide that trading is not for you, what is bad to continue holding only. But quitting trading doesn't mean you have to quit holding some
I have done great economic damage these days. Trading does not make much profit anymore and is very risky. So I just want to do mining.
Of course, when too much people trying to make profit in trading. There will be more people losing to provide for winning people. So trading just becomes harder for you not for everyone. You're not fit with trading. Better quit before you lose everything mate. I would suggest you to try with PTC ( Paid to Click). It would be better or Gambling is not a bad choice too. 
I have done great economic damage these days. Trading does not make much profit anymore and is very risky. So I just want to do mining.
-snip-
Now the question is: what the fuck do i do now with my money.
Now the question is: what the fuck do i do now with my money.
Spend it. I dont know what you are into, but there are lots of things you can buy with BTC directly. If not, you can still sell the BTC and buy with your local currency.
Just in case its not obvious: Not everything at once.
it seems like you dont set goals
if you dont have planning on how to spend your money how much more how can you make profit with your bitcoin trading
setting goals can be a good solution to us because this will be like a reminder to us how much we want from trading. but if we want to quit for a while then its no problem too. i think you can spend your money to buy something you want or you can just invest in bitcoin only and after you bought bitcoin, you don't need to take a look with the price on the market. you just buy bitcoin for a long term and you can act like a bagholder which don't sell your bitcoin if the price is still in under $7500.
not bad, you can spend your money to buy BTC when it will cost 1000-2000$, it will be good deal
-snip-
Now the question is: what the fuck do i do now with my money.
Now the question is: what the fuck do i do now with my money.
Spend it. I dont know what you are into, but there are lots of things you can buy with BTC directly. If not, you can still sell the BTC and buy with your local currency.
Just in case its not obvious: Not everything at once.
it seems like you dont set goals
if you dont have planning on how to spend your money how much more how can you make profit with your bitcoin trading
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
If you're tired of risky ventures then there's no problem with just holding them. Keep them in cold storage, there's 2 more forks coming. Bitcoin will still rise eventually and when it's time to enjoy your investment, cash them and enjoy life. Or pass them on to your grandkids.
I also have the feeling that when he has traded a lot and with that kind of coins, there will really a time that he will have that feeling of wanting to trade again. Well that is just my opinion because with that kind amount of money, I really think that he trades a lot and he learned a lot and there is really no way that you can just disregard it after so many trades - but I respect his decision to stop trading though.
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